Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6532
    +0.0009 (+0.14%)
     
  • OIL

    83.83
    +0.26 (+0.31%)
     
  • GOLD

    2,347.10
    +4.60 (+0.20%)
     
  • Bitcoin AUD

    97,667.22
    -1,183.27 (-1.20%)
     
  • CMC Crypto 200

    1,327.34
    -69.19 (-4.95%)
     
  • AUD/EUR

    0.6106
    +0.0033 (+0.55%)
     
  • AUD/NZD

    1.0992
    +0.0035 (+0.31%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,754.60
    +324.10 (+1.86%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • Dow Jones

    38,302.72
    +216.92 (+0.57%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

3 Reasons to Buy Nike and 1 to Sell

3 Reasons to Buy Nike and 1 to Sell

Nike's (NYSE: NKE) stock price tumbled 7% on June 28 after the footwear and athletic apparel maker posted its fourth-quarter earnings report. Its revenue dipped 1% year over year (but grew 3% in currency-neutral terms) to $12.